Navios Maritime Partners LP (NMM) reported Q4 adjusted earnings Thursday of $2.61 per diluted unit, down from $4.32 a year earlier.
Two analysts polled by FactSet expected $3.09.
Revenue for the quarter ended Dec. 31 was $332.5 million, up from $327.3 million a year earlier.
Two analysts surveyed by FactSet expected $311.9 million.
The company maintained its quarterly cash distribution at $0.05 per unit, payable Feb. 13 to unitholders as of Feb. 10.
Shares of the company were up 2.1% in recent Thursday premarket activity.
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